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Aussie Trading Room and Cartoons Gallery

  • #29,041
  • Mar 21, 2013 6:40pm Mar 21, 2013 6:40pm
Quoting arcticwolf
My opion is that hedeging helps if a trade goes against you because of news and it is going to come back to the trend it stops you losing any more money as you keep an eye on it and bail at the turn
Same thing as closing (or lessening) the position from the start. You may even save on rollover too.
  • #29,042
  • Mar 21, 2013 6:46pm Mar 21, 2013 6:46pm
Yes DB it seems to be just floundering around like an untrained seal
Quoting DaddyBear
The Aussie has become a POS. The current rate is the same as that in the morning. The PA has been in 25 pips tight range all day.
  • #29,043
  • Mar 21, 2013 6:46pm Mar 21, 2013 6:46pm
Quoting DaddyBear
The Aussie has become a POS. The current rate is the same as that in the morning. The PA has been in 25 pips tight range all day.
So what do you think is going to happen?
cheers
Have a nice day
  • #29,044
  • Mar 21, 2013 7:20pm Mar 21, 2013 7:20pm
Quoting billv
So what do you think is going to happen?
cheers
I posted my view earlier today [US]. I saw a likely decent size pullback.

http://www.forexfactory.com/attachme...1&d=1363904269
daddybearforex. com
  • #29,045
  • Mar 21, 2013 8:02pm Mar 21, 2013 8:02pm
Quoting DaddyBear
I posted my view earlier today [US]. I saw a likely decent size pullback.
Thanks I saw it but I'm not familiar with your drawings.
Is your TP target the pivot? (where the green dotted line intercepts the MA)
Or do you have a lower target than that?
Have a nice day
  • #29,046
  • Mar 21, 2013 8:13pm Mar 21, 2013 8:13pm
Quoting billv
Thanks I saw it but I'm not familiar with your drawings.
Is your TP target the pivot? (where the green dotted line intercepts the MA)
Or do you have a lower target than that?
I am flat now so no TP. Using Fibs to define the target may be better. The green dotted lines are TLs.
daddybearforex. com
  • #29,047
  • Mar 21, 2013 8:31pm Mar 21, 2013 8:31pm
Quoting DaddyBear
I posted my view earlier today [US]. I saw a likely decent size pullback.

http://www.forexfactory.com/attachme...1&d=1363904269
what r these black squares and the ghost mountain, what do they represent..........?
Attached Image
The More You Learn, The More You Earn.....
  • #29,048
  • Mar 21, 2013 9:06pm Mar 21, 2013 9:06pm
Quoting forexalien
what r these black squares and the ghost mountain, what do they represent..........?

http://www.forexfactory.com/attachme...1&d=1363923145
The dots are the indicators of the trendline slopes. When the trendline is up, the dots move to the top and vice versa. The mountains are the delta of the river width.
daddybearforex. com
  • #29,049
  • Mar 21, 2013 9:07pm Mar 21, 2013 9:07pm
Quoting DaddyBear
In the medium term weekly context, I am very bullish. However, there is a time to pullback to accumulate energy for next surge.
Thanks for the heads up db...
  • #29,050
  • Mar 21, 2013 9:21pm Mar 21, 2013 9:21pm
Quoting forexalien
what r these black squares and the ghost mountain, what do they represent..........?
Wait, do I see an UFO spaceship there somewhere in the mountains?!
  • #29,051
  • Mar 21, 2013 9:24pm Mar 21, 2013 9:24pm
for aud to really turn bearish, it needs to also move below 1.0390 - since there is another uptrend line there that it has to break for a much larger move down.
  • #29,052
  • Mar 21, 2013 9:29pm Mar 21, 2013 9:29pm
Quoting maximmm
for aud to really turn bearish, it needs to also move below 1.0390 - since there is another uptrend line there that it has to break for a much larger move down.
Chart please?
daddybearforex. com
  • #29,053
  • Mar 21, 2013 9:30pm Mar 21, 2013 9:30pm
Quoting azzam
Thanks for the heads up db...
You are very welcome.
daddybearforex. com
  • #29,054
  • Mar 21, 2013 9:32pm Mar 21, 2013 9:32pm
Quoting DaddyBear
Chart please?
Chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audh4.jpg Size: 96 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #29,055
  • Mar 21, 2013 9:56pm Mar 21, 2013 9:56pm
Anyone else sees a possible run up to 1.05 today?
  • #29,056
  • Mar 21, 2013 9:58pm Mar 21, 2013 9:58pm
Quoting JollyBean
Anyone else sees a possible run up to 1.05 today?
Unlikely.
daddybearforex. com
  • #29,057
  • Mar 21, 2013 10:00pm Mar 21, 2013 10:00pm
How ya doin' DB

Quoting DaddyBear
Unlikely.
  • #29,058
  • Mar 21, 2013 10:48pm Mar 21, 2013 10:48pm
Quoting JollyBean
Anyone else sees a possible run up to 1.05 today?
yes me. With 72% retail positions short, they'll push the price up until the majority of SL's have been hit.
It needs to come down but I feel its not time yet.
Have a nice day
  • #29,059
  • Mar 21, 2013 10:50pm Mar 21, 2013 10:50pm
Quoting DaddyBear
Unlikely.
I hope you're right
Have a nice day
  • #29,060
  • Edited 3:21am Mar 22, 2013 3:07am | Edited 3:21am
Quoting JollyBean
How ya doin' DB
Good morning. I have increased my account 63% since Wednesday. It's o.k.
daddybearforex. com
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